income taxes (10,561)
Provision for income
taxes (15)
-------
Net loss (10,576)
Net loss attributable
to noncontrolling
interests 192
-------
Net loss attributable
to the Company $(10,384)
=======
Three Months Ended September 30, 2023
----------------------------------------------------------------------------------------------
Same-Store Non-Same-Store Total
Office Office Office Hotel Multi-family Lending Total
-------------- ------------------ ------- ------- ---------------- --------- -----------
Cash net operating
income (loss) $ 9,938 $ (49) $9,889 $1,922 $ 90 $ 366 $ 12,267
Deferred rent and
amortization of
intangible assets,
liabilities, and
lease inducements (571) -- (571) (1) (481) -- (1,053)
------ --- ----- ------ ----- ----- ----- ---- ----- -------
Segment net
operating income
(loss) $ 9,367 $ (49) $9,318 $1,921 $ (391) $ 366 $ 11,214
Interest and other
income 220
Asset management and
other fees to related
parties (724)
Expense reimbursements
to related
parties--corporate (524)
Interest expense (8,556)
General and
administrative (1,603)
Transaction-related
costs (38)
Depreciation and
amortization (16,082)
-------
Loss before benefit for
income taxes (16,093)
Provision for income
taxes $(554.SI)$
-------
Net loss (16,647)
Net loss attributable
to noncontrolling
interests 874
-------
Net loss attributable
to the Company $(15,773)
=======
View source version on businesswire.com: https://www.businesswire.com/news/home/20241108879514/en/
CONTACT:
For Creative Media & Community Trust Corporation
Media Relations:
Bill Mendel, 212-397-1030
bill@mendelcommunications.com
or
Shareholder Relations:
Steve Altebrando, 646-652-8473
shareholders@creativemediacommunity.com
(END) Dow Jones Newswires
November 08, 2024 06:00 ET (11:00 GMT)
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